Edogawa

Investment unit
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Description

We offer for rent a spacious apartment building located in a quiet district of Tokyo, in the Edogawa area. The property, constructed in durable wooden construction, was built in February 1989. The building is currently fully rented out, resulting in high investment income. With an impressive return on investment of 5.97%, this is an excellent opportunity for investors seeking stable sources of income.

The property consists of two floors, providing adequate space for residents. A key advantage of the location is its proximity to public transportation, which makes daily commuting easier. The area surrounding the building is well maintained, and residents have access to designated parking spaces. This attractive offer is sure to meet the expectations of both tenants and investors.

City Description

Edogawa is one of the 23 special wards of Tokyo, located in the eastern part of the city, bordering a river of the same name. It is a place that combines the modernity of a big city with more traditional elements of Japanese culture. Edogawa is particularly known for its rich recreational facilities. Kasai Rinkai Park is the largest marine park in Tokyo, offering wonderful opportunities for relaxation. There is an observation tower with a panoramic view of Tokyo Bay and a popular aquarium, which showcases a variety of marine fauna. Additionally, a popular attraction in the district is Shinozaki Park, which is an excellent spot for walks and family picnics, especially during cherry blossom season when the entire avenues lined with sakura trees become meeting points for the locals. Edogawa is also home to notable temples, such as the Zenyo-ji temple, which showcases the spiritual side of Japan. It is also worth mentioning Tokyo Disneyland, which is located in the neighboring ward of Urayasu, but is equally accessible to residents of Edogawa. This district is also known for its folklore and cultural traditions. The annual Edogawa Hanabi Taikai fireworks festival, held by the Edogawa River, attracts crowds of both locals and tourists. This event offers a spectacular show, and the fireworks displays are among the most impressive in all of Tokyo. Edogawa, while perhaps not as well-known as other Tokyo districts, offers a unique insight into the daily life of the residents of Japan's capital, blending elements of nature with the dynamics of urban life.

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Price328 768 USD
ProfitabilityProfitability 5.97%
Yearly profit19 627 USD
Monthly profit1636 USD
TypeInvestment unit
LocationEdogawa